THE BARN, HIGH STREET, CORBY GLEN, GRANTHAM, NG33 4LX - £472,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE BARN is a very large extended detached house of 262m², built sometime from 2007 onwards, which could now be worth an estimated £549,224. It was last sold for £472,500 in December 2020, which was around 51% above the average December 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two THE BARN sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 21 DEC	£472,500	£313,718	51% above HPI
2007 14 DEC	£395,000	£240,571	64% above HPI

THE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two THE BARN sales from December 2007 and December 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2007 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2020 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might THE BARN be worth now?

THE BARN might now be worth an estimated £549,224.

This is based on house price inflation of 16.2%, between December 2020 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.2% inflationary increase is applied to the most recent sale price for THE BARN of £472,500 on 21st December 2020. For the value to have increased from £472,500 to £549,224 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of THE BARN has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2020 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of THE BARN has not materially changed since December 2020.

How Large is THE BARN?

THE BARN is 262m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses houses in Corby Glen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corby Glen, and where THE BARN lies on this distribution: 97% of detached houses houses are smaller than THE BARN, and 3% of houses are larger. Note that EPC data is not available for all properties in Corby Glen.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of THE BARN, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE BARN). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE BARN?

THE BARN is located on HIGH STREET in CORBY GLEN, in the NG33 postcode district. The below map shows the position of THE BARN on HIGH STREET.